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It says his father is David Sharpiro who works in financial services; could well be this David Sharpiro, Managing Partner at KPS? Probably won't have too many problems finding a job if so!http://www.kpsfund.com/davidshapiro.asp

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"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."- Ronald Reagan

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I wish I had some guidance in HS about colleges and career paths (non-target, both of my parents were immigrants with no college education so they had no clue either)

Fuckin public school guidance counselors are not worth a damn.

Super Nintendo, Sega Genesis - when I was dead broke man I couldn't picture this

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I wish I had some guidance in HS about colleges and career paths (non-target, both of my parents were immigrants with no college education so they had no clue either)

Fuckin public school guidance counselors are not worth a damn.

Completely true. All they know about is how to funnel kids into their local state schools. I was told to avoid applying to Ivies because 'they're really hard to get into, and UCLA provides just as good of an education'.

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I wish I had some guidance in HS about colleges and career paths (non-target, both of my parents were immigrants with no college education so they had no clue either)

Fuckin public school guidance counselors are not worth a damn.

If the glove don't fit, you must acquit!

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If I had asked people what they wanted, they would have said faster horses - Henry Ford

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^ word. Good guidance in HS is critical. I only applied to undergrad finance programs because I wanted to "work on Wall Street." Did not even apply to the Ivies because they do not have undergraduate business programs. Parents and college guidance counselor did not know any better...

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^ word. Good guidance in HS is critical. I only applied to undergrad finance programs because I wanted to "work on Wall Street." Did not even apply to the Ivies because they do not have undergraduate business programs. Parents and college guidance counselor did not know any better...

You are aware that Penn has an undergraduate business program right? Now, it's name escapes me at the moment...something that starts with a W I think...

Consultant to a Fortune 50 Company

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^ word. Good guidance in HS is critical. I only applied to undergrad finance programs because I wanted to "work on Wall Street." Did not even apply to the Ivies because they do not have undergraduate business programs. Parents and college guidance counselor did not know any better...

You are aware that Penn has an undergraduate business program right? Now, it's name escapes me at the moment...something that starts with a W I think...

Yeah, I meant besides that one. Still I applied early to a different finance program cause my counselor said Wharton was a reach...I shoulda reached.

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I've actually met this kid, because I live on the island and I do speech and debate. I've actually debated at Bronx Science before, the high school this kid goes to.

He's a frail, socially awkward kid. I can't imagine him succeeding in any business career path. He can barely talk to girls, let alone get in front of a public audience and give a presentation.

"I did it for me...I liked it...I was good at it. And I was really... I was alive."

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He's a frail, socially awkward kid. I can't imagine him succeeding in any business career path. He can barely talk to girls, let alone get in front of a public audience and give a presentation.

You do know what a quant is, right?

I know what a quantitative analyst is. My point was you have to be able to network and talk to people. He can't.

"I did it for me...I liked it...I was good at it. And I was really... I was alive."

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@capitalism: c'mon, he's a high school kid. we were all awkward in high school, especially the ivy league-wall street demographic on WSO. cut him some slack - you should probably delete your post too since anyone can search his name and see your post and immediately judge him before meeting him. it would suck if someone mentioned your name on a public forum and someone wrote something negative based on meeting you once at a time in your life where you were awkward or whatever

and i know plenty of kids who were awkward freshman year of college who grew into themselves and became really socially active, leadership types. he's a smart kid that happened to get into a ton of colleges, he doesn't deserve posts like that about him online

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No you don't dude. If you have a 3.9 from almost any of the schools he is considering in a hard maths type thing, you can be a quant. Have you ever met a quant? I would rather drink with Rachel Maddow than some of those dorks. (No offense IP.)

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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No you don't dude. If you have a 3.9 from almost any of the schools he is considering in a hard maths type thing, you can be a quant. Have you ever met a quant? I would rather drink with Rachel Maddow than some of those dorks. (No offense IP.)

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SUNY Bringhamton beating Harvard and Penn combined!!! But yes I hope he goes into literature, I hear English majors make bank!

Yup. We do...

"Cut the burger into thirds, place it on the fries, roll one up homey..." - Epic Meal Time

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LOL @ people thinking that the UWS is some kind of oasis. Seriously, there is some run-down-as-fuck apartments in the UWS and all throughout manhattan in general. I have family of friends paying like <$2000 in rent for a 3 bedroom half decent apartment because they've lived there since the 70s and 80s. Just because he lives in manhattan doesn't mean his parents make bank... kid is just book smart... 10 APs.. jesus.

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LOL @ people thinking that the UWS is some kind of oasis. Seriously, there is some run-down-as-fuck apartments in the UWS and all throughout manhattan in general. I have family of friends paying like <$2000 in rent for a 3 bedroom half decent apartment because they've lived there since the 70s and 80s. Just because he lives in manhattan doesn't mean his parents make bank... kid is just book smart... 10 APs.. jesus.

10 APs really is not that impressive, I went to a public school in the suburbs and did 6 with little problem and I am by no means a genius. Other people did much more than me.

And I still think the person to beat in Jan Sramek, haven't seen anyone come close to him yet.

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smart dorky jewish kid gets into a bunch of ivy league schools?!? amazing!! these headlines never cease to blow my mind. just the other day i was reading about this studious asian girl with a REALLY high SAT score....

ps. i <3 u jews and asians, no offense :-)

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?

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smart dorky jewish kid gets into a bunch of ivy league schools?!? amazing!! these headlines never cease to blow my mind. just the other day i was reading about this studious asian girl with a REALLY high SAT score....

ps. i <3 u jews and asians, no offense :-)

haha...this kid is not going into finance. It would bore him to tears. If he cares about money he's going to an elite law school and going to work at some top tier law firm, or he's getting a PHD and going to be an academic....or both. You don't have to be a genius to work in investment banking. I'm sick of hearing this nonsense.

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This kid needs a two on the sides, a taper in back and scissors on top. He looks like RJ Berger minus the D piece. He obviously worked hard for his success though. I wish I was that focused at that age.

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Also, anyone who doesn't answer 48/2(9+3) = 2 can get above a 2200 on the SAT.

hahaha maybe we can ask him and he will settle it once and for all

Making money is art and working is art and good business is the best art - Andy Warhol

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Sigh, what I find worst about this, is that this amazingly modest whatever individual managed to contact the press to get his story out. loads of kids get good results/are capable of getting good results but dont think the world should know about their stories. I was a good maths kid, could have done all the maths a levels/exams without any extra effort but did 2, because im not a gimp. I did those subjects for me because they interested me, not other people. Anyone that does extra exams is freaking insecure.

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Are you really going to argue that a top tier law firm is that much more stimulating than investment banking? Litigation work perhaps, but this kid hardly seems the type.

There is an extremely diverse landscape in law, international/domestic, intellectual property, academia, etc. Having your own firm is not nearly as hard as starting a hedgefund etc. and I'm sure whatever he chooses he'll be happy with so who really cares. Arguing over what someone else should do with their life sounds retarded to me...like the football dad vicariously living and thinking of what could have been.

If the glove don't fit, you must acquit!

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Are you really going to argue that a top tier law firm is that much more stimulating than investment banking? Litigation work perhaps, but this kid hardly seems the type.

There is an extremely diverse landscape in law, international/domestic, intellectual property, academia, etc. Having your own firm is not nearly as hard as starting a hedgefund etc. and I'm sure whatever he chooses he'll be happy with so who really cares. Arguing over what someone else should do with their life sounds retarded to me...like the football dad vicariously living and thinking of what could have been.

Mega law firms, I can tell you right now that the work for a 1st year to 4th possibly 5th is far more boring than the work one does as an analyst in IBD. If you think that pouring over prior case rulings 15 hours a day 6 to 7 days a week is stimulating you might need to see a shrink. Sure being a trail lawyer, in corporate litigation, and possibly trial rep (even though this kid has no chance of that unless he drasticly changes by the time he graduates) might be more stimulating. Out side of trial rep none of the stimulating things are done by associate lawyers.

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Are you really going to argue that a top tier law firm is that much more stimulating than investment banking? Litigation work perhaps, but this kid hardly seems the type.

There is an extremely diverse landscape in law, international/domestic, intellectual property, academia, etc. Having your own firm is not nearly as hard as starting a hedgefund etc. and I'm sure whatever he chooses he'll be happy with so who really cares. Arguing over what someone else should do with their life sounds retarded to me...like the football dad vicariously living and thinking of what could have been.

Mega law firms, I can tell you right now that the work for a 1st year to 4th possibly 5th is far more boring than the work one does as an analyst in IBD. If you think that pouring over prior case rulings 15 hours a day 6 to 7 days a week is stimulating you might need to see a shrink. Sure being a trail lawyer, in corporate litigation, and possibly trial rep (even though this kid has no chance of that unless he drasticly changes by the time he graduates) might be more stimulating. Out side of trial rep none of the stimulating things are done by associate lawyers.

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I'm not saying the contrary. Just that saying that finance would bore this kid to tears as opposed to law or academia is ridiculous.

ah jeez...i didn't use a paragraph to separate my ideas, the second half was directed toward those arguing over what he should do etc.

If the glove don't fit, you must acquit!

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Also, dude, chinaman is the not the preferred nomenclature...asian-american, please.

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

-MBP

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

Up or out.

75% are out. Assuming you will make partner or MD or whatever is not reasonable.

Fair point. But keep in mind that they are presenting averages. Not medians. So it's even less impressive once you consider how badly the averages are skewed by the few people who make deep into the 7 and 8 figures 15 years out of a wharton MBA. I bet the median income after the 15 years is closer to 300K all in, which to me seems unimpressive.

-MBP

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

Up or out.

75% are out. Assuming you will make partner or MD or whatever is not reasonable.

Fair point. But keep in mind that they are presenting averages. Not medians. So it's even less impressive once you consider how badly the averages are skewed by the few people who make deep into the 7 and 8 figures 15 years out of a wharton MBA. I bet the median income after the 15 years is closer to 300K all in, which to me seems unimpressive.

300K median might be a reasonable figure overall, but then to make a comparison to finance you'd have to consider than a lot of wharton undergrad alums a) Didn't make it to M7 and good finance jobs or pursued other interests or b) Did make it to M7 but didn't pursue finance (after all, only 34% of hbs grads went into finance).

Wharton is a finance feeder, but even so less than half of those going into the workforce after undergrad went into finance, and you'd expect some attrition at higher levels.So overall the median for those in finance is probably a lot higher, probably 400-500k median for the MBAs who went into finance considering that you have 600k average for those getting an mba across all industries. The average for those who went into finance is probably 800k-1 mill or so.

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

Up or out.

75% are out. Assuming you will make partner or MD or whatever is not reasonable.

Fair point. But keep in mind that they are presenting averages. Not medians. So it's even less impressive once you consider how badly the averages are skewed by the few people who make deep into the 7 and 8 figures 15 years out of a wharton MBA. I bet the median income after the 15 years is closer to 300K all in, which to me seems unimpressive.

300K median might be a reasonable figure overall, but then to make a comparison to finance you'd have to consider than a lot of wharton undergrad alums a) Didn't make it to M7 and good finance jobs or pursued other interests or b) Did make it to M7 but didn't pursue finance (after all, only 34% of hbs grads went into finance).

Wharton is a finance feeder, but even so less than half of those going into the workforce after undergrad went into finance, and you'd expect some attrition at higher levels.So overall the median for those in finance is probably a lot higher, probably 400-500k median for the MBAs who went into finance considering that you have 600k average for those getting an mba across all industries. The average for those who went into finance is probably 800k-1 mill or so.

Pretty good money.

I thought the numbers I first referenced were for 15 years out of a Wharton MBA. That's why I was so unimpressed. If average all-in out of wharton undergrad is 600K, that's really not bad at all.

-MBP

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

Those figures are not in the Canadian dollar....sorry

Haven't been following the FX markets have you...

-MBP

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Wow, those wharton numbers are very unimpressive for 15 years out. I'll make way more than that in 10 years. Let alone 15. And i'm not even in IB/PE/HF etc.

Those figures are not in the Canadian dollar....sorry

Haven't been following the FX markets have you...

Nice.

I win here, I win there...

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Keep dreaming, finance MBAs don't average 600k - it is actually a lot, a lot of money that very few people make (most peoplwhenever make it to pm/partner/md/whatever) my guess is that post MBA numbers don't look that different from Wharton undergrad numbers

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Keep dreaming, finance MBAs don't average 600k - it is actually a lot, a lot of money that very few people make (most peoplwhenever make it to pm/partner/md/whatever) my guess is that post MBA numbers don't look that different from Wharton undergrad numbers

Sort of hard to believe when Wharton UGs who get an MBA are making over 600k on average across ALL industries.

Harvard's alumni report also shows alums in finance were earning 3x as much as alums who were not in finance.

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Keep dreaming, finance MBAs don't average 600k - it is actually a lot, a lot of money that very few people make (most peoplwhenever make it to pm/partner/md/whatever) my guess is that post MBA numbers don't look that different from Wharton undergrad numbers

Sort of hard to believe when Wharton UGs who get an MBA are making over 600k on average across ALL industries.

Harvard's alumni report also shows alums in finance were earning 3x as much as alums who were not in finance.

Also remember than average != median.

Also I agree with numm, this kid shouldn't be news.

Dude, it's after 15 years! One megafund MD who's making 10MM a year offsets 25 people who are only making 200K 15 years out. No matter what industry you're in, after 15 years of finishing a wharton MBA, it is very reasonable to expect to make at least 200K.

I mean come on. Even if 30 percent of wharton MBAs go into finance, and only a sixth of them make it to MD, that's still 5% of the graduating class who will make deep into the 7 figures 15 years out. 600K as an average, 15 years out of a WHARTON MBA is quite underwhelming if you ask me.

EDIT: Just realized we're on the same side of the debate. My bad.

-MBP

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I'm a senior at a target high school in the greater NY area, don't wanna give away too much information about myself but I've done really well in the admissions process. Right now I hafta pick between some schools but I'm not sure about the exit opps or career paths each offers, please help me out!! Got into so far: Harvard, Yale, Princeton, Cornell, Penn (not Wharton), Columbia, Duke, oh and yah, SUNY Binghamton.

What can I do with a degree from each of these places? One of my parents works in finance and he said at dinner the other night that I don't have to study business in undergrad to still do banking, does anyone know more about this? I don't know what I wanna do as a career yet!! My counselor at school told me finance is hard work but lots of money but I have no problem working crazy hours, I slept 4 hours a night the past three years since I captained our speech team, took every AP my school offers, and got penultimate honors for our year.

I don't know what to do, but anybody that can help me out, please give me advice!! I need to pick soon and the kids at school are making fun of me, somebody published a stupid article about me in a newspaper and everybody knows my options but I don't know how to choose!!"

Most people do things to add days to their life. I do things to add life to my days.

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